221 W Main St - Freestanding FOR SALE


Dayton, WA 99328
$3,399,200 USD
253-293-7001
221 W Main St, Dayton, WA for Sale
$3,399,200 USD
Freestanding - FOR SALE
1/3
null | 6% Cap Rate

221 W Main St
Dayton, WA 99328


HIGHLIGHTS

  • NEW CONSTRUCTION — Brand New Build-to-Suit for Dollar General
  • CURRENT STATUS — Under construction, expected opening and rent commencement is February 2026
  • LONG-TERM LEASE — 15 year absolute NNN lease provides secure, long term cash flow with no landlord responsibilities
  • RENT INCREASES — Five 5-year options with 5% rental increases every 5 years through the base term plus renewal option periods
  • INVESTMENT GRADE TENANT — Dollar General has an S&P rating of “BBB” and maintains over 20,000 stores nationwide
  • CORPORATE GUARANTEE — Lease is guaranteed by Dollar General Corporation (NYSE: DG) for 15 years

OVERVIEW

Currently under construction, an approximately 10,640 square foot single-story retail building on 0.83 acre lot that has been leased to Dollar General. Lease / Tenant NEW CONSTRUCTION — Brand New Build-to-Suit for Dollar General CURRENT STATUS — Under construction, expected opening and rent commencement is February 2026 LONG-TERM LEASE — 15 year absolute NNN lease provides secure, long term cash flow with no landlord responsibilities RENT INCREASES — Five 5-year options with 5% rental increases every 5 years through the base term plus renewal option periods INVESTMENT GRADE TENANT — Dollar General has an S&P rating of “BBB” and maintains over 20,000 stores nationwide CORPORATE GUARANTEE — Lease is guaranteed by Dollar General Corporation (NYSE: DG) for 15 years Location & Area Strengths: Dayton is located along State Route 12 in Southeast Washington. The property benefits from a stable, needs-driven trade area with minimal retail competition and strong regional connectivity. The city of Dayton is the primary commercial, governmental, and service center for the surrounding agricultural communities. Regional tourism contributes year-round visitation due to the Walla Walla Valley wine industry, Bluewood Ski Area, Umatilla National Forest, and scenic outdoor recreation throughout the Touchet River corridor. Other tenants in the area include Circle K, Chevron, Napa Auto Parts, Subway, along with several other local and regional businesses. Median household income of $71,687 and a population of 30,900 with 10 miles.

FOR SALE DETAILS

PRICE

$3,399,200 USD

PRICE/SF

$319 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

Commercial

APN/PARCEL ID

263839

ASK ABOUT THIS PROPERTY

Eric TurbakTurbak Commercial R.E. ServicesMore Info
253-293-7001

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Eric TurbakTurbak Commercial R.E. ServicesMore Info
253-293-7001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.